Despite February’s inflation prints, markets remain steadfast in their belief that the Federal Reserve will commence finance charge rate cuts in June. RBC Capital Markets Head of US Equity plan Lori Calvasina joins Yahoo financial Live to discuss why economic data is forcing the Fed on a cautious path to rate cuts. Calvasina notes that … Read more
US Equities (^GSPC, ^DJI, ^IXIC) have begun to edge lower ahead of incoming inflation data in the form of Consumer Price Index (CPI) data. Previously, markets were on a run with the “Magnificent Seven” and bitcoin (BTC-USD) leading the charge. BMO Capital Markets Chief funding Strategist Brian Belski joins Yahoo money management to give investors … Read more
Michelle Girard, Head of US, NatWest Markets & chief executive officer of NatWest Markets Securities Inc. spoke with Yahoo financial anchors Seana Smith and Brad Smith about January PCE data and the outlook for Fed rate cuts. #youtube #interestrates #equities About Yahoo financial: Yahoo financial provides free stock ticker data, up-to-date news, investment mix management … Read more
Shares of Berkshire Hathaway (BRK-B, BRK-A) closed at record highs on Friday. The Warren Buffett-led firm will release its annual report on Saturday February 24. The release will also include Buffett’s closely-watched annual letter, the first since his longtime enterprise partner Charlie Munger passed away in November. Smead Capital Management CIO Bill Smead says what … Read more
Nvidia (NVDA) is not only a dominant force in the tech sector but it has also dominated the conversation on Wall Street. The firm posted better-than-expected fourth-quarter earnings, further fueling the hype over AI and chip makers. Jeff Bierman, Theotrade Chief sector Technician, joins Yahoo money management to discus Nvidia’s fourth-quarter earnings and the impact … Read more
Nvidia (NVDA) reported its fourth-quarter earnings after Wednesday’s sector close, surpassing Wall Street expectations, and turning the stock around after shares were previously dropping. Already a leader in the semiconductor category, Nvidia’s strong earnings have most likely set the stage for the AI race in 2024. Wedbush Securities Managing Director and Senior Equity Analyst Dan … Read more
Treasury yields (^FVX, ^TNX, ^TYX) are moving on Wednesday — now seeing gains in the late morning — as the broader industry gears up for the January FOMC meeting minutes. With recently released inflation data, many on Wall Street are once again debating as to whether or not the Federal Reserve will cut finance charge … Read more
January’s CPI data came out higher than expected Tuesday, sparking a major industry sell-off. SEI Chief capital Officer Jim Smigiel joins Yahoo financial Live to discuss what prompted the sharp downturn in shares. Smigiel says the sell-off represents “the industry pricing out perfection”. Investors had previously hoped for the Federal Reserve to cut finance charge … Read more
The S&P 500 (^GSPC) looks to close at a record-breaking level above 5000 points. While the move excites investors, some remain cautious over ongoing economic headwinds that can put a quick dampen on industry sentiments. Banrion Capital Management chief executive officer Shana Sissel and Gradient Investments Senior collection of investments Manager Jeremy Bryan join Yahoo … Read more
Will January’s stronger-than-expected jobs report turn out to be a blessing or a new problem for equity markets, especially as Federal Reserve officials do not anticipate finance charge rate cuts to come in early 2024? BNY Mellon capital Management Head of US Macro Sonia Meskin analyzes January’s labor print and the top economic narratives brewing … Read more